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Veren Inc T.VRN

Alternate Symbol(s):  VRN

Veren Inc. is a Canada-based oil producer with assets in central Alberta and southeast and southwest Saskatchewan. The principal activities of the Company are acquiring, developing and holding interests in petroleum and natural gas properties and assets related thereto through a general partnership and wholly owned subsidiaries. Its core operational areas include Kaybob Duvernay and Alberta Montney, Shaunavon and Viewfield Bakken. Its Kaybob Duvernay is situated in the heart of the condensate rich fairway, Central Alberta, which provides low risk drilling inventory. Its Alberta Montney assets sit adjacent to its Kaybob Duvernay lands, possessing similar resource characteristics including pay thickness and permeability in the volatile oil fairway of the reservoir. Its Shaunavon resource play is located in southwest Saskatchewan. The Viewfield Bakken light oil pool is located in Saskatchewan.


TSX:VRN - Post by User

Bullboard Posts
Comment by oiltaron Oct 30, 2017 8:44am
184 Views
Post# 26875250

RE:RE:Bullish Article Yet Again---$70 Oil By Years End

RE:RE:Bullish Article Yet Again---$70 Oil By Years EndCPG in $70 oil is worth at least $40 per shr.

the last time CPG was around $40 it production was half there abouts.

What is the wild card for CPG is the new Alberta land rush that CPG is thre bigest player were the well costs are only 1 million for  300 to1000 bpd of light oil production.CPG anouced a extra $100 million cap ex.In theory that could take the production on the new ladnd to a min of 30,000 to 50,000 BPD for only $100 million making this E&P the loweswt cost in Canada.

CPG IS GOING UP!!!!!
Bullboard Posts